Scotiabank Investor Day Summary

Bail-in Outcomes • Bank stays open and operating ⚫ DSIB is recapitalized with limited or no taxpayer support and able to re-access markets • Recoveries are consistent with relative hierarchy of claims (shared losses) 。 Significant dilution of original common shareholders through conversion of NVCC and Bail-in debt ○ New common shares issued to NVCC and Bail-in debt holders according to their relative rankings • No creditor worse off Scotiabank | 41

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